Hello,I'm putting together a capital plan for two 6-flats that I own. Improvements include both capital improvements (new boiler) and also in-unit upgrades. The plan is to fund these improvements via cashflow. When ca...
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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
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I just don't think that paying 5 or 6% to a realtor to sell a home is necessary. Having to pay the 2 1/2 - 3% to list a home to get it on the MLS seems to high to me. I know that realtors do more than this but it stil...
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Hello,I just had my first vacancy in a 4 unit apartment building that I have owned for about two years. It is located in Los Angeles, fairly blue collar, strong rental area a few miles west of USC. The building is s...
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Does any one know about how much it cost to connect the utilities to a new construction home or small multifamily in Chicago. I’m trying to price out the water, sewer and gas connections.A rough number if fine for bud...
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Hello All,I am thinking of selling my duplex unit in Milwaukee, WI due to recently getting a new job that no longer allows me enough time to finish the repairs of the upper unit (lower unit is rented). Assessed value ...
What is the process for building UP on a chicago 2 flat? The building is a 1925 - built two flat that I am entertaining the idea of adding living space upwards. This would not be an additional unit, rather it would ju...
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I currently own a SFR in Chicago, Andersonville area that my family has paid off. The house is over 130 years old and we would like to have it demolished and build a 3 flat. So far I've only found that I need to requ...
Hey guys,I'm looking for ways to learn, and buy my first rental property, but I've got a few things that I don't understand. I'm looking to buy a small 1 unit, (1 bed , 1 bath) flat.Do you buy the flat (without furnit...
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Help! Two Bigger Pocket podcasts later I'm at about 25% done uncovering this floor from two layers of the worst over-layment ever invented (the walls of this room had been paneled in the 60's...to think I thought that...